Rich26, We did have some success at Cancet. I have been thinking of why we haven't re-visited Cancet. My only conclusion is that they couldn't really find drilling target based on desktop modelling survey result in the existing tenancy that will prop the positive drill results we had. Imagine if they did more drilling and they found nothing? I believe they left Cancet in the background as a bargaining chip for maintaining share price and possible CR. This could also possibly explain why we expanded on our land holding there.
I know you will say BCC did their own study and found that it was worth putting their money in. That could be a possibility, but could BCC have made a mistakein their analysis in the time frame they had? Could they have been fooled by Disallowed salesman?
These is extreme speculation but one of the likely possibility that I think off.
Rich26, We did have some success at Cancet. I have been thinking...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $28.17M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $3.713K | 27.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67188 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 42958 | 4 |
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| Last trade - 14.10pm 27/06/2025 (20 minute delay) ? |
| MTC (ASX) Chart |